BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Apollo Global Mangement Aquired JP Morganā€˜s ____ bussiness for us $300 mn
A
real estate fund management
B
Banking
C
Investment in overseas bonds
D
Wealth mangement
E
None
Explanation: 

Detailed explanation-1: -Top 10 Owners of Apollo Global Management Inc The Vanguard Group, Inc. SSgA Funds Management, Inc. Edgepoint Investment Group, Inc.

Detailed explanation-2: -(NYSE:ARI), a publicly traded commercial mortgage REIT. The vehicles we manage have originated and invested in commercial real estate debt opportunities across the spectrum, including mortgages, mezzanine loans, preferred equity and CMBS, throughout the United States and Western Europe.

Detailed explanation-3: -After a third consecutive quarter with his company running at a net loss, Marc Rowan, the CEO of Apollo Global Management, has no apologies to offer.

Detailed explanation-4: -Our asset management business provides companies with innovative capital solutions and support to fund their growth and build stronger businesses. Our retirement services business, Athene, provides a suite of retirement savings products to help clients achieve financial security.

There is 1 question to complete.